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Solgold PLC (SOLG.L)

SOLG.L on London Stock Exchange

23.50GBp
8 Dec 2016
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Thu, Oct 13 2016

RPT-SolGold approves funding deal with Newcrest to mine in Ecuador

SYDNEY, Oct 13 SolGold Plc on Thursday approved a financing proposal by Australia's Newcrest Mining to help it develop a giant copper mine in Ecuador, after the board rejected an alternative package offered by BHP Billiton .

SolGold approves funding deal with Newcrest to mine in Ecuador

SYDNEY SolGold Plc on Thursday approved a financing proposal by Australia's Newcrest Mining to help it develop a giant copper mine in Ecuador, after the board rejected an alternative package offered by BHP Billiton .

SolGold approves funding deal with Newcrest to mine in Ecuador

SYDNEY, Oct 13 SolGold Plc on Thursday approved a financing proposal by Australia's Newcrest Mining to help it develop a giant copper mine in Ecuador, after the board rejected an alternative package offered by BHP Billiton .

Minnow Solgold rejects BHP offer; sets sights on big copper find

SYDNEY Not many small exploration companies would knock back a multi-million-dollar financing offer by BHP Billiton, the world's biggest mining company, but Nick Mather of Ecuador-focused SolGold Plc said he has better offers. Interest in Solgold's Cascabel copper and gold project has already led to a $33 million deal with investment bank Maxit and Australian gold miner Newcrest.

Gold miner SolGold says BHP Billiton offer not in its best interest

Gold miner SolGold Plc said on Monday that global miner BHP Billiton Plc's offer to buy a stake in the company to gain exposure to its Cascabel project in Ecuador was not in its best interest.

Gold miner SolGold says BHP Billiton offer not in its best interest

Oct 10 Gold miner SolGold Plc said on Monday that global miner BHP Billiton Plc's offer to buy a stake in the company to gain exposure to its Cascabel project in Equador was not in its best interest.

BRIEF-SolGold says received $30 mln offer from BHP for 10 pct stake in co

* An offer by BHP to acquire a 10 pct interest in SolGold for $30 mln which implies a share issue price for SolGold of approximately $0.22

BRIEF-SolGold to raise $33 mln to advance Cascabel project

* Maxit and its clients to subscribe for up to 63.4 million new shares at 16 cents per share for up to $10.1 million representing 4.43 pct of issued share capital of SolGold

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